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17104 Wentworth Avenue Lansing, IL 60438
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Key Details
Sold Price $277,500
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11722886
Sold Date 05/12/23
Year Built 1948
Annual Tax Amount $17,445
Tax Year 2021
Lot Size 0.550 Acres
Lot Dimensions 100X242
Property Description
NEW YEAR...NEW TENANTS...NEW OPPORTUNITIES IN 2023! PROPERTY IS FULLY RENTED (100%) GOING INTO THE NEW YEAR: HOUSE $1,450 PER MONTH, MAIN BUILDING-4 UNITS (1) $1,295 PER MONTH AND (3) $1,195 EACH PER MONTH. TOTAL PROJECTED GROSS RENTAL INCOME FOR THIS YEAR $75,960---A HUGE IMPROVEMENT! PROJECTED EXPENSES FOR THE YEAR $22,675 (R) AND NOI $53,285. THIS IS A MONEY MAKER! UNIQUE RENTAL PROPERTY WITH 2-SEPARATE BUILDINGS TOTALING 5-UNITS: MAIN BUILDING HAS 4-UNITS (2-FLOORS EACH UNIT) AND EACH UNIT HAS THE SAME LAYOUT WITH 2-BRS. THE SECOND BUILDING IS A HOUSE WITH 3-BEDROOMS. THE PROPERTY HAS PLENTY OF PARKING AND THE LOT SIZE IS 100 X 242 (HALF ACRE). LONG TIME OWNER HAS TAKEN CARE OF THIS PROPERTY. CALL LAG IF YOU HAVE QUESTIONS.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
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Bought with LeRoy Willis • LeRoy L. Willis
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